Pacer Inks Esschem Deal.(sells California Chemical product line)(Brief Article)(Statistical Data Included)

Chemical Market Reporter, June, 2001

Pacer Technology has completed its previously announced sale of its California Chemical product line to Esschem Inc. for $500,000 in cash, plus the transfer by Esschem to Pacer of 145,000 Pacer shares owned by Esschem. The stock transfer represents roughly 4.5 percent of Pacer's outstanding shares.

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